Sources: Jets owner Johnson eyes Palace stake

Woody Johnson, the proprietor of the New York Jets NFL team, is successful talks implicit a £200 cardinal ($272m) concern successful Crystal Palace, sources person told ESPN -- a woody that could wide the way for the FA Cup winners to enactment successful adjacent season's UEFA Europa League.

Palace, who won their first-ever large trophy by defeating Manchester City successful May's FA Cup last astatine Wembley, are astatine hazard of being barred from the Europa League owed to a multi-club ownership regularisation violation.

Minority stakeholder John Textor besides owns a bulk involvement successful Ligue 1 squad Lyon.

Although Textor has nary day-to-day engagement successful the moving of Palace, who are controlled by president Steve Parish and U.S. investors Josh Harris and David Blitzer, UEFA rules forestall 2 teams with the aforesaid ownership playing successful the aforesaid contention unless shares successful 1 nine are placed into a unsighted trust.

Textor failed to spot his Palace oregon Lyon shares successful specified a conveyance by the UEFA deadline of March 1 -- much than 2 months earlier Palace secured Europa League qualification by winning the FA Cup.

However, sources person said that Textor, whose Eagle Football Group besides includes Belgian nine Daring Brussels and Brazilian squad Botafogo, is acceptable to merchantability his 43% involvement successful Palace, with Jets proprietor Johnson the starring campaigner to thrash retired a deal.

Johnson, 78, served arsenic the United States ambassador to the United Kingdom betwixt 2017 and 2021 and helium made a failed bid to bargain Chelsea aft erstwhile owner, Russian oligarch Roman Abramovich, was sanctioned by the UK authorities successful 2022 pursuing Russia's penetration of Ukraine.

Johnson has antecedently declared himself to beryllium a Chelsea supporter. Should Textor offload his Palace shares, sources person said that it would resoluteness the multi-club ownership issues that threatens to the team's spot successful adjacent season's Europa League.